A Step-by-Step-Guide on how to buy Electra (ECA)
Step 1 – Signup to Kraken You will first need to buy one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get Bitcoin or Ethereum.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Electra (ECA) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you have chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Electra (ECA) Once your deposit has been approved, you will now have access to your funds and you can begin buying and trading. To buy Electra (ECA) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. To locate Electra (ECA), you will need to insert the cointype (ECA) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “ECA/BTC” to proceed.
Step 4 – Purchase Electra (ECA) Once you've discovered Electra (ECA), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to make our Limit Order. The field with the “Price” tag will be filled with the most up-to-date rate Electra (ECA) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of ECA you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete volumen of ECA. When you are happy, make a mouse click on “Buy ECA”. Your plan will be filled when a Seller trades their ECA for the price you introduced.
Step 5 – Withdraw Electra (ECA) Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an extended period of time. To withdraw your Electra (ECA), go to the tab called “Funds” and mouse click on “Withdraw”. Electra (ECA) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Electra (ECA) by using the provided drop-down box. Drop in the volumen of Electra (ECA) you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, click on “Submit”. You could be requested for verfication via email/phone before a take off.